DCB Bank is all set to make additional investment by acquiring and/or subscribing to 3,21,420 equity shares of Saksham Gram Credit (Saksham). With this additional investment, the total shareholding of the Bank in Saksham becomes 9.90%. The acquisition is to be completed by March 31, 2025.
DCB Bank is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.